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The Guardian - UK
The Guardian - UK
Business
Guardian community team

US homeowners: tell us how you are coping with the rising costs of owning your home

According to a recent Edelman Financial report, half of US homeowners under 50 feel trapped in their current homes, citing financial constraints as a key factor.
According to a recent Edelman Financial report, half of US homeowners under 50 feel trapped in their current homes, citing financial constraints as a key factor. Illustration: Kostiantyn Li for Unsplash/Guardian Community

We’d like to hear from homeowners in the US who are struggling with the surging cost of homeownership amid climbing property prices, rising costs for home insurance and home repairs, and higher mortgage interest rates.

Have you struggled keeping up with home insurance payments, or put off home repairs due to the cost? Or have you turned to more debt to keep up with the costs of owning your home, for instance credit cards or smaller loans? Have you recently begun letting parts of your home to afford to continue living in it, or made other significant sacrifices?

Tell us how you have been coping with the surging costs of owning a property, and whether you’ve considered selling up because of these costs.

Callout

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